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Theresa Payton, Fortalice Solutions CEO and former White House chief information officer, joins 'Squawk Box' to discuss the fallout from 23andMe's bankruptcy filing, why users should delete their data from the website, the Trump administration's use of Signal to discuss military plans, and more.
The genetic testing company 23andMe has filed for bankruptcy, prompting people who've used the service and sent in DNA samples to be analyzed to wonder what will happen to their genetic data.
The company Anne Wojcicki co-founded has burned through more than $1 billion and laid off more than half its staff.
The company, which went public in 2021, has never turned a profit. Transcript: Loren Torres: 23andMe, which gave customers “personalized genetic insights” through its at-home DNA testing kits, has filed for bankruptcy.
On Sunday, human genetics and biotechnology company 23andMe Holding Co ME voluntarily filed for Chapter 11 bankruptcy to enable a sale process to maximize its business value.
23andMe has officially filed for Chapter 11 bankruptcy protection, which means a new company could acquire its genetic database. DNA data is particularly sensitive, and bad actors can use it to carry out numerous crimes.
New York Attorney General Letitia James urged customers of 23andMe on Tuesday to delete their accounts and protect their data after the DNA-testing company filed for bankruptcy over the weekend.
23andMe filed for Chapter 11 bankruptcy protection and is seeking a new owner. Fox Business looks into what that means for a customer's account and private data.
'CyberGuy' Kurt Knutsson discusses 23andMe filing for bankruptcy protection and DNA privacy concerns on 'The Bottom Line.' #foxbusiness #thebottomline #dna #bankruptcy
The DNA-testing company's site was slow in responding to some deletion requests, leading customers to be uncertain about the process.